Filecoin mainnet goes live

On Thursday, October 15, at block 148,888, the mainnet launch of the decentralised data storage platform Filecoin took place.

At 22:44 Beijing time, the Filecoin mainnet officially reached the online height. The three major exchanges, Huobi, OKEx, and Binance, have announced the launch of FIL, and provide rewards worth 50,000-100,000 USD for recharge and trading.

— Colin Wu（WuBlockchain） (@WuBlockchain) October 15, 2020

Cryptocurrency exchanges Huobi, OKEx and Binance have already announced the listing of the native Filecoin token (FIL).

Source: Twitter.

Tyler Winklevoss announced the start of trading FIL on Gemini.

And we’re live! You can now trade @Filecoin $FIL via limit orders on @Gemini.

— Tyler Winklevoss (@tylerwinklevoss) October 15, 2020

The price of FIL after the mainnet launch fell. According to CoinMarketCap, at the time of writing it is about $67.5. The cryptocurrency ranks 24th by market cap with a valuation of $981 million.

Source: CoinMarketCap.

Chinese journalist Colin Wu believes that in the early stage a token shortage will arise and the price will fall. In his view, because FIL is significantly more popular in China, it could become a mainstream cryptocurrency with the widest price divergence between the East and the West.

In the company behind Filecoin, Protocol Labs named the date of the mainnet launch as October 15, originally set to late September.

Initially the event was planned for mid-2019; in September that year it was postponed to the first–second quarters of 2020. In April this year the developers again delayed the launch, naming three possible scenarios with dates ranging from July 6 to September 4, but these deadlines could not be met either.

https://forklog.com/chto-takoe-filecoin/

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